L&T Finance, Utkarsh SFB, Fusion Finance tank up to 11% as Bihar passes MFI Bill 2026. Here’s what’s causi

Shares of microfinance-linked lenders fell sharply after Bihar passed a bill tightening regulations on MFIs. While the move may have limited immediate financial impact, analysts warn of slower credit growth, rising compliance costs, and potential asset quality stress, especially if similar measures are adopted across other states.